Part 1/10:
Understanding Donald Trump's Trade Policy: Tariffs and Their Implications
In the context of the upcoming inauguration of President-elect Donald Trump, discussions around his proposed tariffs have gained significant attention. Trump, who refers to himself as "a Tariff Man," has extolled the benefits of tariffs, dubbing them "the greatest thing ever invented," and has committed to impose new tariffs on goods arriving from Canada, Mexico, and China right from the start of his presidency. This article delves into the implications of such tariffs on international trade, employment, inflation, and the various historical contexts surrounding trade policies.